Sell My Structured Settlement in Minnesota

Minnesota Law for Selling a Structured Settlement

Statute and Bill: Minn. Stat. §§ 549.30 – 549.34

Enacted: May 25, 1999 Effective: July 01, 1999

Permits the sale or assignment of Minnesota structured settlement payment rights, subject to a court’s review and approval based on showing that the proposed transfer is in the consumer’s "best interests," taking into account the welfare of the consumer’s dependents (if any). Requires certain disclosures and other consumer protections.